You are permitted to sell a USCG Documented vessel to a foreign citizen only if you process a CG-4593 Deletion from Documentation. Federally Documented vessels of the United States cannot be owned by non-citizens, according to the Code of Federal Regulations Title 46 Part 67.
To apply for a Deletion from Documentation, you may proceed to the online application via the link below:
https://unitedstatesvessel.us/deletion-cod/
§ 67.30 Requirement for citizen owner.
Certificates of Documentation may be issued under this part only to vessels which are wholly owned by United States citizens. Pursuant to extraordinary legislation at 46 U.S.C. 12118 (Bowater Amendment) and 46 U.S.C. 12117 (Oil Pollution Act of 1990), Certificates of Documentation with limited endorsements may be issued in accordance with part 68 of this chapter to vessels owned by certain persons who are not citizens as defined in this part. [CGD 89-007, CGD 89-007A, 58 FR 60266, Nov. 15, 1993, as amended by USCG-2016-0531, 82 FR 43864, Sept. 20, 2017]
